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Chemed Corporation (CHE) Stock News, Feb-May 2024

CHE NYSE

Chemed Corporation reports developments across two wholly owned subsidiaries: VITAS Healthcare, a provider of hospice and palliative end-of-life care, and Roto-Rooter, which provides plumbing, drain cleaning, water restoration and related services to residential and commercial customers.

Company news commonly covers quarterly operating results, VITAS patient revenue, admissions and census measures, Roto-Rooter service demand, franchise territory acquisitions, credit facility updates, share repurchases, new hospice-care locations and investor conference presentations.

Rhea-AI Summary

Chemed (NYSE: CHE) will present at the Jefferies 2024 Global Healthcare Conference on Wednesday, June 5, 2024, at 9:00 a.m. (ET). The event will be held at the New York Marriott Marquis, with a live webcast available on the Chemed website. The webcast replay will be accessible for 90 days post-event. Chemed, headquartered in Cincinnati, Ohio, operates two subsidiaries: VITAS Healthcare, the largest provider of end-of-life hospice care in the U.S., and Roto-Rooter, the leading provider of plumbing and drain cleaning services in the U.S.

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Rhea-AI Summary

Chemed (NYSE:CHE) held its 2024 annual stockholders’ meeting, where 10 directors were elected, and PricewaterhouseCoopers LLP was ratified as the independent accountant for 2024. Stockholders approved the executive compensation but voted against a proposal on termination pay. Subsequently, Chemed's Board declared a quarterly cash dividend of 40 cents per share, payable on June 18, 2024, to stockholders of record as of May 30, 2024. This marks the 212th consecutive quarterly dividend in the company's 53-year history as a public entity. Chemed operates VITAS Healthcare, the nation's largest hospice care provider, and Roto-Rooter, a leading plumbing and drain cleaning service provider.

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Chemed (CHE) will present at the Bank of America Securities Health Care Conference 2024 on May 14, 2024. The presentation will be webcast live and available for replay on the Chemed website. Chemed operates VITAS Healthcare and Roto-Rooter, with a focus on end-of-life hospice care and plumbing services.

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FAQ

What is the current stock price of Chemed (CHE)?

Chemed (CHE) last closed at $533.77.

What is the market cap of Chemed (CHE)?

The market cap of Chemed (CHE) is approximately $6.9B.